Mercer CEO Resigns to Head Retirement Policy Center

The purpose of the center, Marsh & McLennan announced Oct. 4, ‘will be to become a catalyst for new ideas and perspectives on retirement and to educate the public and key constituents on retirement public policy issues.’

Mercer chairman and CEO M. Michele Burns is resigning to become executive director of a retirement policy center that parent company Marsh & McLennan Cos. is forming.

The purpose of the center, Marsh & McLennan announced Oct. 4, “will be to become a catalyst for new ideas and perspectives on retirement and to educate the public and key constituents on retirement public policy issues.”

Burns, 53, joined Marsh & McLennan in March 2006 as executive vice president and chief financial officer after holding several positions with Mirant Corp., an Atlanta-based power company. She also was CFO of Delta Air Lines Inc.

In a written statement, Marsh & McLennan said it has begun a search for a new Mercer CEO. Until a successor is named, Marsh & McLennan group president and chief operating officer Dan Glaser will oversee Mercer’s executive committee.